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IAMGOLD Update Following Provincial Directives Regarding COVID-19

Mining News - Published on Wed, 25 Mar 2020

Image Source: IAMGOLD Coronavirus COVID-19
IAMGOLD Corporation has provides an update on its activities in response to the Quebec and Ontario provincial directives intended to help reduce the transmission of the coronavirus disease COVID-19. IAMGOLD is complying with these directives by
Placing the Westwood Gold Mine on care and maintenance within the provincial directive timeframe
Closing the Toronto office effective March 24, 2020 at midnight for at least two weeks per the Ontario directive, with the work-from-home protocol already in effect
Closing the Longueuil office effective one minute after midnight March 25 and until April 13, 2020 per the Quebec directive, with the work-from-home protocol already in effect

Activities at the Côté Gold Project in Ontario are not impacted by the Ontario directive as mining, exploration and development have been deemed "essential" activities in the province. The Company continues to be prudent in managing capital expenditures with derisking activities. We are reducing activities at the site to ensure integrity of equipment and protection of personnel.

On March 23, the Government of Quebec advised that all non-essential businesses must close effective one minute after midnight March 25 and remain closed until April 13, 2020. This directive includes mines and processing plants. Also on March 23, 2020, the Government of Ontario advised that all non-essential businesses must close effective midnight March 24, 2020 and remain closed for at least two weeks.

IAMGOLD is a mid-tier mining company with three operating gold mines on three continents. A solid base of strategic assets in North and South America and West Africa is complemented by development and exploration projects and continued assessment of accretive acquisition opportunities.

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Posted By : Yogender Pancholi on Wed, 25 Mar 2020
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